Licensed Thai Restaurant in Swanley For Sale

Situated in a parade, High Street trading position, residential, office and commercial area, KENT SWANLEY

Turnover £ 5,000
Price £79,950

Features

Licensed Thai Restaurant

6 DAYS OPENING

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Tiled floor, suspended ceiling with LED spotlights. Tables and chairs seating 26 persons (could be increased to 32.) Bar with electric cash register, under-counter double door fridge, shelving for spirits, beer pump. CCTV (6 cameras)

Gentlemen's cloakroom with toilet, sink, Dyson hand dryer

Separate Kitchen. Industrial non slip lino flooring, suspended ceiling with spotlights. Stainless steel extractor (twin turbo with noise cancellation), 7- burner Chinese wok hob, double basket deep fryer, microwave, tripple door fridge with stainless steel counter top, double door fridge with stainless steel counter top, chest freezer, glass washer, double sink with drainer, separate wash hand basin, stainless steel counter tops.

Staircase to basement

Ladies' cloakroom, dessing table, sink, toilet, Dyson hand dryer

Large storeroom, 3 fridges and 2 freezers.

Understair pantry room

Fitted staff changing room with shower, washing machine, etc.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 3 full time staff plus the assistance of 3 part time staff and delivery driver.
We are informed the wage bill averages £2,410 p.w. approx.

Trading Hours

6 Day week
TUESDAY - SATURDAY - 5 p.m - 11 p.m
SUNDAY- 4 p.m - 9 p.m
CLOSED MONDAY

Outside

Rear driveway with parking for 6 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 7 years in 2021 with reviews every 3 years (next review 2024) at a current rent of £10,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £79,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote